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Oil India declines despite reporting 25% rise in Q3 consolidated net profit

12 Feb 2021 Evaluate

Oil India is currently trading at Rs. 116.30, down by 3.70 points or 3.08% from its previous closing of Rs. 120.00 on the BSE.

The scrip opened at Rs. 119.00 and has touched a high and low of Rs. 119.00 and Rs. 115.40 respectively. So far 183120 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 139.45 on 19-Feb-2020 and a 52 week low of Rs. 66.00 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 121.30 and Rs. 115.40 respectively. The current market cap of the company is Rs. 12655.01 crore.

The promoters holding in the company stood at 56.66%, while Institutions and Non-Institutions held 26.34% and 17.00% respectively.

Oil India has reported 2-fold jump in its net profit at Rs 903.69 crore for the quarter ended December 31, 2020 as compared to net profit at Rs 406.39 crore for the same quarter in the previous year. However, total income of the company decreased by 19.11% at Rs 2497.24 crore for Q3FY21 as compared Rs 3087.37 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 25.42% in its net profit at Rs 889.69 crore for the quarter ended December 31, 2020 as compared to net profit at Rs 709.39 crore for the same quarter in the previous year. However, total income of the company decreased by 27.39% at Rs 2246.20 crore for Q3FY21 as compared Rs 3093.72 crore for the corresponding quarter previous year.

Oil India Share Price

470.10 7.80 (1.69%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
View more..

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